VW scraps 2020 forecast, expects Q1 profit to fall 81%

The German automaker said it’s not possible to give a new full-year outlook amid the coronavirus pandemic that brought production and sales to a halt in key markets and devastated its first-quarter earnings.

source https://www.autonews.com/automakers-suppliers/vw-scraps-2020-forecast-expects-q1-profit-fall-81